Should you buy Airbnb stock right now?
Aug 24, 2021 · Shares of Airbnb ( ABNB-2.91%) closed up 10% today after Reuters ... Airbnb got some good news yesterday when analysts at DA Davidson reiterated their buy rating and $174 price target on the stock.
Is Airbnb overvalued?
Aug 24, 2021 · What happened. Shares of Airbnb (NASDAQ: ABNB) closed up 10% today after Reuters reported that the company has offered to provide free, temporary housing to 20,000 Afghan refugees worldwide.
Will Airbnb stock go up?
Nov 05, 2021 · Airbnb Inc (NASDAQ: ABNB) is trading higher Friday after the company announced better-than-expected third-quarter financial results. Airbnb reported quarterly earnings of $1.22 per share, which ...
When will Airbnb go public?
Sep 16, 2021 · InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street is in lockdown mode. But in a market made up of stocks, investors have been busy booking stays in shares of Airbnb ...
Traders bet that what went down just has to go back up
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Investors in new IPO and vacation rental website Airbnb ( NASDAQ:ABNB) have had a rough week so far, as their shares continued to tumble from a post-IPO high of $165 hit last week, finally ending below $125 last night. But the morning dawned bright today.
So what
Why is Airbnb up? Well, the macroeconomic news today is broadly positive, with coronavirus vaccines continuing to roll out across the country, the FDA approving a $30 at-home test for COVID-19, and Congressional leaders reportedly getting close to approving a $900 billion stimulus package that will reportedly include a second round of stimulus checks being mailed out to taxpayers..
Now what
All of this, of course, has investors feeling optimistic about Airbnb, and as StreetInsider.com reports today, traders in particular are buying call options on the stock at 2.4 times the rate they're buying puts.
What happened
Airbnb (NASDAQ: ABNB) shareholders beat the market this week, as their stock rose 10% through trading on Thursday, according to data provided by S&P Global Market Intelligence, compared to a 0.9% decline in the S&P 500.
So what
The company announced on Tuesday that revenue jumped 59% in the selling period that ended in late December as the world continued emerging from the pandemic that had depressed travel for more than a year. Airbnb nearly fully recovered from the COVID-19 slump, too, with bookings landing just 3% below the same time in late 2019.
Now what
Investors are even more excited about Airbnb's potential as the pandemic ends. There is strong demand for remote work setups, which are freeing many people to stay in places far from their offices. The company is seeing some of its best growth in long stays that last a month or more.
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What is Airbnb's ticker symbol?
Airbnb trades on the NASDAQ under the ticker symbol "ABNB."
How much does Airbnb make?
Airbnb has a market capitalization of $87.43 billion and generates $3.38 billion in revenue each year. The company earns $-4,584,720,000.00 in net income (profit) each year or ($15.53) on an earnings per share basis.
What is the official website of Airbnb?
The official website for Airbnb is www.airbnb.com.
When did Airbnb's lock up expire?
When did the company's lock-up period expire? Airbnb's lock-up period expired on Tuesday, June 8th. Airbnb had issued 51,323,531 shares in its public offering on December 10th. The total size of the offering was $3,490,000,108 based on an initial share price of $68.00.
Does Airbnb pay dividends?
Airbnb does not currently pay a dividend.
